African Private Sector convenes in Ivory Coast to bolster Entrepreneurship Innovation

By Abdul Rahman Bangura-

Félix Houphouët-Boigny International Airport (ABJ) – Airport in Abidjan
Photo Credit: foursquare.com

NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The forum of African Chief Executive Officers on a two day annual meeting “has officially begun. It’s time to realize our ambitions and build a prosperous future for Africa together,” announced Makhtar Diop – Managing Director of the International Finance Corporation (IFC), the private sector arm of the World Bank and co-organizer of the event.

Diop maintain the purpose of the occasion is to aid the small and medium-sized enterprise (SME) sector, which establishes jobs and entices several investors in African nations.

“It’s about supporting startups, which is where young people invest and work. But it’s also about investing in sectors such as agriculture and taking advantage of the opportunities offered by the African Free Trade Area (AFCFTA) to better integrate African economies, so that the continent can be a major player in the new economy linked to climate change,” he explained.

Co-organized with Jeune Afrique Media Group, the forum will encompass contents such as energy transition management modified to Africa, the impact of mining and agroindustry, the need for Africa to make its voice heard on major international issues, and the means available to businesses to adapt in the face of inflation.

The organizers told that the 300 champions desire to be boosted to 3,000 to honestly renovate the landmass of Africa. To identify, develop and promote them.

“We need states capable of rethinking certain economic models. We need proactive, strategic, and innovative states. This is the sine qua non for prioritizing innovation. We must pursue our strategies and apply our programs to promote the private sector,” let out Patrick Achi – Prime Minister of Ivory Coast.

“We need to help our future champions integrate into the global value chain.  Africa has an increasing number of enlightened leaders. Our countries are reforming, acting and moving forward.

They need investors who want to act as much as they do and move forward as much as they do,” Achi strengthened.

Moroccan Prime Minister – Aziz Akhannouch, economic and regional integration is “a must for Africa.”

“Intratrade will boost growth through complementarity between countries. Non-tariff barriers must be removed to accelerate the integration of the African continent,” he noted.

For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent